Canada is falling behind on Arctic development from oil and gas exploration to icebreaker procurement according to a report by the Centre for International Governance Innovation. The report said Nordic governments and Russia make substantially more resources available in their Arctic regions by supporting development “through strong governance structures, planned investment and development, and close bilateral and multilateral ties.”

Pipeline developer TransCanada Corp. said the elimination of a U.S. tax break for operators of interstate pipelines would not have an effect on its operations, following a hit to the company’s share price last week caused by the tax ruling. The U.S. Federal Energy Regulatory Commission ruled to no longer allow master limited partnerships to recover an income tax allowance from cost of service tariffs because the program led to a double recovery of costs. TransCanada said about half of its U.S. natural gas pipeline revenues came from negotiated tariffs, so the tax change would not have a material impact on the pipeline giant, the Canadian Press reports.

“Environmental protection and reconciliation with First Nations remain admirable dreams. But giving Canada a Northern Standing Rock is not the way to do it,” Michael Harris writes in iPolitics. “10 per cent of [B.C.] residents are prepared to go to jail over Kinder Morgan rather than sit on the couch and do nothing. They want to save a unique environment that is already facing many other stressors that endanger this spectacular place for future generations. A major oil spill, in combination with these other stressors, could take the place over the edge.”